Morrison Plus Property Inspections Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Morrison Plus Property Inspections is a home inspection franchise providing residential and commercial property inspections for buyers and sellers. Franchisees run local operations, managing inspectors, scheduling, and reports.
FranchiseVerdict summary · 2026
A Morrison Plus Property Inspections franchise requires a total initial investment of $44K – $83K, including a $35K – $55K franchise fee and an ongoing 7.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2022 FDD issuance
Overview
- Investment
- $44K – $83K
- 25th pct Real Estate
- Avg gross sales
- N/A
- Royalty
- 7.0%
- 42nd pct Real Estate
- Units
- 11
- 16th pct Real Estate
- SBA charge-off
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = favorable by >10% vs Real Estate avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $44K – $83K including a $35K franchise fee, 7.0% ongoing royalty.
- RETURNSTotal revenues for FYE Sept 30, 2021 of $177,403 comprise franchise fees $45,710, royalties $91,321, marketing fund income $14,605, product sales $21,567, and other revenues $4,200. Company suffered a loss from operations in 2021 and has a net capital deficiency (going concern noted in Note 3).
- RISKVerdict B (Above average), verdict score 55/100 (higher is better).
- DATAItem 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Morrison Plus Franchising, LLC
- Parent company
- Morrison Molloy Holdings, LLC
- CEO title
- President
- Duane Morrison
- CEO experience
- 17 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 504 E. Route 66, Suite 102, Glendora, CA 91740
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $177K
- vs $166K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- Morrison Property Inspections
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Duane Morrison
- Headquarters
- CA
- Founded
- 2017
- FDD year
- 2022
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 70% below the typical real estate franchise.
Source: FDD 2022 · Items 5–7
Full Item 7 breakdown30 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $35K | $55K | |
| Your Training Expenses | $1K | $3K | |
| Vehicle | $0 | $2K | |
| Vehicle Signage | $475 | $800 | |
| Office Furniture, Fixtures, and Supplies | $150 | $800 | |
| Equipment | $820 | $1K | |
| Licenses and Permits | $50 | $360 | |
| Computer Systems | $674 | $5K | |
| Payroll Service Fees | $200 | $200 | |
| Membership/Association Dues | $49 | $410 | |
| Initial Inventory to Begin Operating | $506 | $663 | |
| Professional Fees | $1K | $4K | |
| Grand Opening Marketing | $2K | $3K | |
| Insurance | $1K | $2K | |
| Operating Expenses / Additional Funds - 3 months | $500 | $6K | |
| Initial Franchise Fee (Conversion Franchise) | $28K | $50K | |
| Your Training Expenses (Conversion Franchise) | $1K | $2K | |
| Vehicle (Conversion Franchise) | $0 | $2K | |
| Vehicle Signage (Conversion Franchise) | $475 | $800 | |
| Office Furniture, Fixtures, Equipment and Supplies (Conversion Franchise) | $0 | $350 | |
| Total initial investment | $79K | $160K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $44K – $83K
- Top 40% of category vs category
- Liquid capital req'd
- $500 – $6K
- Top 40% of category vs category
- Franchise fee
- $35K – $55K
- Middle of category vs category
- Royalty
- 7.0%
- tiered · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $26K |
| Renewal fee | $3K |
| Inventory (initial) | $506 – $663 |
| Total fee load | 10.0% of rev |
What do units actually make?
Source: FDD 2022 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Morrison Plus Property Inspections did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Morrison Plus Property Inspections unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
145%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2022 FDD
Financial Performance
Total revenues for FYE Sept 30, 2021 of $177,403 comprise franchise fees $45,710, royalties $91,321, marketing fund income $14,605, product sales $21,567, and other revenues $4,200. Company suffered a loss from operations in 2021 and has a net capital deficiency (going concern noted in Note 3).
- Item 19 type
- gross sales
- Sample size
- 7
- vs category median 64 · small
- Range (low → high)
- $54K→$438K
- Cohort dispersion (min → max)
- Reporting year
- 2020
- Fiscal year the figures cover
- Source filing
- FDD 2022
- Disclosed in the 2022 filing, covering 2020
- Transparency
- 4 / 10
- vs category median 0 / 10 · above
Compared against 101 Real Estate brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 10.0% (near the Real Estate average).
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System expanding at 233.3% CAGR over 3 years across 11 units — operators are staying and new ones are joining.
Multi-unit rate
Only 1% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Real Estate averages
How Morrison Plus Property Inspections Compares
Is the system healthy?
Source: FDD 2022 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 2
- Last reporting year
- Closed
- 1
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 10.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 91%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (3-yr)
- Outlier (see FDD)
- Likely small-sample artifact
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 0
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 7
- Franchisor's next-year forecast
- Termination rate
- 9.1%
- Franchisor-initiated terminations
- Ceased ops
- 9.1%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 55 / 100 verdict
- 01MEDOnly 11 units system-wide with 11.1% YoY growth indicates very small, early-stage franchise with limited scale and support infrastructure
- 02MINORNo litigation disclosure combined with absence of net income figures raises transparency concerns about financial performance validation
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 10.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2022 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 4 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 75,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 5 days |
| Mandatory arbitration | No |
| Arbitration location | Glendora, CA (headquarters) |
| Jury trial waiver | Yes |
| Governing law | CA |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 32 hrs
- Training location
- Glendora, California
- Ongoing training
- Required
- Field support
- 16 hrs/yr
- On-site visits per year
- Time to open
- 3 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Offered
- Item 10
- POS system
- HomeGauge 5
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: HomeGauge 5
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Morrison Plus Property Inspections · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Morrison Plus Property Inspections franchise?
The total investment to open a Morrison Plus Property Inspections franchise ranges from $44K – $83K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Morrison Plus Property Inspections franchise owners earn?
Morrison Plus Property Inspections does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Morrison Plus Property Inspections FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Morrison Plus Property Inspections FDD and qualifies whose outlets they describe.
What is Morrison Plus Property Inspections's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Morrison Plus Property Inspections (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Morrison Plus Property Inspections franchise locations are there?
As of their most recent FDD filing, Morrison Plus Property Inspections has 11 total units in the United States, including 10 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is Morrison Plus Property Inspections a good franchise to buy?
FranchiseVerdict rates Morrison Plus Property Inspections as a B-grade franchise with a verdict score of 55 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.